For Sale
$2,490,000

444-452 6Th StMiami, FL 33130

14-Unit Apartment Building, High Income Potential

Overview

Added:
Dec 11, 2024
Days on market:
115
This exceptional 14-unit apartment building in Miami, Florida, presents a compelling investment opportunity. Located at 444-452 SW 6th St, 33130, this two-story, 1924-built property boasts a prime location, steps away from the vibrant Brickell area. The property sits on a sizable 15,000 square foot lot, presenting significant potential for future development. Currently generating a substantial gross monthly income of $26,000, this multifamily asset offers immediate cash flow. Half of the building has already undergone a significant renovation, featuring updated kitchens, bathrooms, and flooring. The remaining units offer an excellent opportunity to increase profitability through further renovations or repositioning. This property is ideal for investors seeking a blend of immediate return and long-term growth potential in a rapidly developing Miami neighborhood. Financial statements are available upon request. The property's location in Miami-Dade County, Florida, ensures access to a strong rental market and future appreciation. This is a rare chance to acquire a well-situated multifamily property with significant upside potential. Serious inquiries only.

Highlights

  • Exceptional 14-unit apartment building in Miami's Brickell area.
  • Located at 444-452 SW 6th St, Miami, FL 33130, on a 15,000 sq ft lot.
  • Built in 1924, two-story building with significant redevelopment potential.
  • Currently generates $26,000 in gross monthly income.
  • Half the building features renovated kitchens, bathrooms, and flooring; remaining units offer value-add opportunity.

Property Details for 444-452 6Th St

Property type
Apartment buildings, Small apartment buildings
Year Built
1924
Stories
2
Units
14

Location Insight

City
Miami
County
Miami-Dade
State
Florida
Latitude
25.7679125
Longitude
-80.2016974
444-452 6Th St, Miami, Florida

FAQs

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444-452 6Th St
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